Compare home prices to renting in your favorite retirement city or town. Is it more affordable to purchase that retirement home or to rent?
The Home Price/Rent Index is a tool to help with that decision.
|Compare Home Prices to Rents|
|San Marcos, TX||$237||$1,679||Caldwell/Hays||9.5|
|Green Bay, WI||$161||$1,113||9.7|
|Fond du Lac, WI||$148||$993||10.0|
|Oak Ridge, TN||$143||$944||Roane||10.2|
|Winter Haven, FL||$176||$1,134||Polk||10.4|
|* A lower Price/Rent Index is a strong case for buying that retirement home,|
|a higher index indicates you should consider renting.|
|* Price/Rent Ratio = Percentage of the City Average Home Price (adjusted for the|
|statistical difference between the average and median) to the Median|
|Annual Rent of a similar house (assume a 3-bedroom house)|
|Current Home Prices are through August 2017. Monthly Rents are for 2017.|
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